$7,113 Closing Credit*
$599,000
2,333 SqFt
3 Beds
•3 Full Baths
Listing Office: WEICHERT REALTORS
Is Asbury, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Asbury was a Buyer's Market.
Key Takeaway
Asbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Asbury, NJ
How much do homes in Asbury, NJ cost?
Median Sold Price
$527,678
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,778(+17.3%)
Key Takeaway
Homes in Asbury have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in Asbury was $527,678 in October 2024, up 17.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $305K | N/A |
| 2 Bedrooms | $250K | $295K | +18.0% |
| 3 Bedrooms | $390K | $475K | +21.8% |
| 4 Bedrooms | $622.7K | $790.5K | +26.9% |
| 5+ Bedrooms | $626K | $1.2M | +91.7% |
Summary: Asbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 91.7%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $308K | $369.5K | +20.0% |
| Hampton | $520K | $615K | +18.3% |
| Asbury | $449.9K | $527.6K | +17.3% |
| Union Township | $509.9K | $540K | +5.9% |
| Bethlehem Township | $545K | $549.5K | +0.8% |
Housing Supply in Asbury, NJ
How many homes are available in Asbury, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Summary: The Asbury real estate market had 24 homes for sale in October 2024, a 26.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Asbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Asbury, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Asbury in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Asbury, NJ
We’re sorry, we don't have information for this market at the moment
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